George W Bush's Net Worth Is $52,695,300

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POTUS 43 or more politely, the 43rd President of the United States and former governor of Texas, George W. Bush has amassed a net worth of $52,695,300. He is the son of President George H.W. Bush and Barbara Bush.

In the 1980s, Bush began his business career in oil, founding Bush Exploration and then merged with another oil company Spectrum 7. While continuing in these ventures he worked on his father’s presidential campaign for the presidency in 1988.

In addition to his investments in oil, he bought shares in the Texas Rangers baseball team. Bush was the C.E.O. of an investment group who in 1989 purchased the Rangers for $89 million, when it was thought that the team might be sold and leave Texas. His own shares were small at one percent, but he was graciously named Managing General Partner; however, overtime he gave up his participation in ownership.

His political career began in 1994 as a Republican when he was elected governor of Texas for two consecutive terms, after which he announced his bid for the presidency of the United States in 2000. He won the office against the Democrat Al Gore. He was re-elected to a second term in 2004 defeating Massachusetts Senator John Kerry.

After serving two terms as President, he retired to Texas in 2008. In a speech in 2010 to the American Wind Energy Association in Dallas, Texas he reminisced on his retirement. “When I got back to Texas and I looked in the mirror, I knew I didn’t sell my soul for politics.”

Like twelve presidents before him, Bush initiated a library in his name after retirement. It is administered by the National Archives and Records Administration, and will be permanently located on the campus of Southern Methodist University in Dallas, Texas.

Bottom Line:
By controlling his lifestyle and spending less than he makes,
George W
earns
$3,124,000 per year after lifestyle, taxes and other expenses.